Monday, May 21, 2012

 
 
 
 
 
Jim Rogers reveals his next short sale
Advertisement
Monday, July 06, 2009
Text Size: increase text size decrease text size

By Daily Crux Editor Sean Goldsmith:

The dollar and Treasuries will both fall as the government continues its reckless money printing, and Jim Rogers thinks investors are crazy to hold either instrument…

"The government is printing lots of money and borrowing even more; that’s not the basis for a sound currency. The idea that anybody would lend money to the U.S. government for 30 years at 3 or 4 or 5 or 6 percent interest is mind-boggling to me."

Rogers said he holds fewer dollars than he did a year ago, and he plans to "short U.S. government bonds someday."

Read full article...

More from Jim Rogers:

Three ETFs to play Jim Rogers' top ideas

Great overview of Jim Rogers' current holdings

Jim Rogers reveals simple explanation for his huge success

Topics: Jim_Rogers | Short_Selling | Currencies
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.